Market Recap For February 16th, 2022 It took all day to develop, but by the end of trading most of the major indices finished in the green, except for the Dow. Once again, the Nasdaq, Russell and S&P held above key levels, but the Dow still couldn’t retake 35K. Yesterday’s Sector Performance Energy rebounded, pushing...Read More

Market Recap For February 15th, 2022 As anticipated, the rally that started at Monday’s low followed through on Tuesday, with all major indices finishing firmly in the green. In addition to closing higher, and near their highs of the day, the NDX and S&P also regained key levels that were lost on Friday. The rally...Read More

Market Recap For February 14th, 2022 Markets entered the week appearing as if they might follow through on the previous Friday’s decline. Sure enough, stocks moved mostly lower. Monday’s weakness was much more muted than Friday’s, which may mean the rally off the low will continue today. Yesterday’s Sector Performance Consumer Discretionary and Communication Services...Read More

Market Recap For February 11th, 2022 Thursday finished on a bearish note, so it was no real surprise that Friday saw a follow through to the downside. Likewise, Friday’s decline was not only bearish, but key levels were taken out along the way. This week should start off lower. Yesterday’s Sector Performance Thanks to Russia-Ukraine...Read More

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Market Recap For February 10th, 2022 Stocks were up in yesterday’s premarket, that is until the CPI numbers came out and sent stocks tumbling down more than two percent. Markets rallied, with the Russell finding green and the S&P and Dow almost doing the same. However, everything rolled back over, leaving a bearish tone in...Read More

Market Recap For February 9th, 2022 Recent Spotlight forecasts have been right on, and yesterday was no exception. All major indices pushed higher and cleared key levels. Unless an unexpected reversal occurs, Wednesday didn’t look like a rally that had reached its end. Yesterday’s Sector Performance Communication Services finally moved out of the gutter, and...Read More

Market Recap For February 8th, 2022 Markets didn’t quite provide the clarity traders might have wanted, but the day clearly ended on a bullish note. It would have been more convincing for the major indices to close a bit higher than current levels, but ultimately it does seem as if higher prices are coming. Yesterday’s...Read More

Market Recap For February 7th, 2022 Friday’s close didn’t leave much to be desired, regardless if a trader is bullish or bearish. Yesterday brought a result that reflected that sentiment. Even though stocks ended up mostly in the red, Friday’s lows held, and so did the key level of 14500 on the Nasdaq 100. Today...Read More

Market Recap For February 4th, 2022 The major indices waffled back and forth on Friday, ultimately moving somewhat higher, depending on which index. Friday’s last 30-minute decline into the close was not terribly thrilling if traders were looking for a sign to get bullish again. Yesterday’s Sector Performance Consumer Discretionary was the big winner on...Read More